• OPEN AN ACCOUNT
Indian Indices
Nifty
24,852.15 -292.95
(-1.17%)
Sensex
81,183.93 -1,017.23
( -1.24%)
Bank Nifty
50,576.85 -896.20
( -1.74%)
Nifty IT
42,228.90 -415.75
( -0.97%)
Global Indices
Nasdaq
16,690.83 -436.83
(-2.55%)
Dow Jones
40,345.41 -410.34
(-1.01%)
Hang Seng
17,444.30 -13.04
(-0.07%)
Nikkei 225
36,391.47 -265.62
(-0.72%)
Forex
USD-INR
83.98 0.01
(0.01%)
EUR-INR
93.16 0.26
(0.28%)
GBP-INR
110.53 0.30
(0.28%)
JPY-INR
0.59 0.00
(0.81%)

IPO Synopsis

  • YOU ARE HERE :
  • HOME breadcrum-arrow
  • IPO Synopsis

IPO

CLICK HERE TO BID FOR IPOs ONLINE
Concord Control Systems Ltd
  • Registered Office: G-36 UPSIDC Industrial Area,Deva Road Chinhat, Lucknow - 226019, Uttar Pradesh, India. Phone : 91-78000 08745   Fax:
  • Email : info@concordgroup.in
  • Website :www.concordgroup.in
Initial public offer of upto 15,12,000* equity shares of face value of Rs.10/- each (the "Equity Shares") of Concord Control Sytems Limited ("The Company" or "CCSL" or "The Issuer") at an issue price of Rs. 55/- per equity share for cash, aggregating up to Rs. 8.32 crores ("Public Issue") out of which 78,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 55 per equity share for cash, aggregating Rs. 0.43 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 14,34,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 55/- per equity share for cash, aggregating upto Rs. 7.89/- crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and 25.11% respectively of the post- issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment The face value of the equity shares is Rs. 10/- each. The issue price is 5.5 times with the face value of the equity shares. The anchor investor issue price is Rs. 55/- per equity share. The floor price is 5.5 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.
Issue
Opens On Closes On
27-Sep-22 29-Sep-22
Money Payable On
Application Allotment
55.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
Cr Lead Managers to the Issue
Project Cost (.Cr) 7.49 Hem Securities Ltd
Project Financed through Current Offer (.Cr) 8.32  
Post Issue Equity Share Capital (.Cr) 5.71
Issue Price () 55.00
Projects
To meet working capital requirements
General corporate purposes
Promoted By
Nitin Jain
Gaurav Lath
Listing At
BSE - SME
Registrar to the Issue
No Data Available